Common use of Business Plan and Budget Clause in Contracts

Business Plan and Budget. As soon as available, but in any event within sixty (60) days after the first day of each fiscal year of Holdings, an annual business plan and budget of Holdings and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Loan Parties, in form satisfactory to the Administrative Agent and the Required Lenders, of Consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries for such fiscal year. As to any information contained in materials furnished pursuant to Section 5.02(f), the Borrower shall not be separately required to furnish such information under Section 5.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a) and (b) above at the times specified therein.

Appears in 3 contracts

Samples: Credit Agreement (Paycom Software, Inc.), Credit Agreement (Paycom Software, Inc.), Credit Agreement (Paycom Software, Inc.)

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Business Plan and Budget. As soon as available, but in any event within sixty (60) days after the first day end of each fiscal year of Holdings, (i) an annual business plan and budget of Holdings and its Subsidiaries on a Consolidated basisbasis and (ii) projected Consolidated balance sheets and statements of income or operations of Holdings and its Subsidiaries on a monthly basis for the immediately following fiscal year, including forecasts prepared by management of the Loan PartiesHoldings, in form reasonably satisfactory to the Administrative Agent and the Required Lenders, of Consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries for such fiscal yearof. As to any information contained in materials furnished pursuant to Section 5.02(f6.02(e), the Borrower Holdings shall not be separately required to furnish such information under Section 5.01(a6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower Holdings to furnish the information and materials described in Sections 5.01(a6.01(a) and (b) above at the times specified therein.

Appears in 3 contracts

Samples: Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Digital Turbine, Inc.)

Business Plan and Budget. As soon as available, but in any event within sixty (60) days after the first day end of each fiscal year of Holdingsthe Borrower, an annual business plan and budget of Holdings the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Loan PartiesBorrower, in form satisfactory to the Administrative Agent and the Required Lenders, of Consolidated balance sheets and statements of income or operations and cash flows of Holdings the Borrower and its Subsidiaries for such fiscal yearon an annual basis. As to any information contained in materials furnished pursuant to Section 5.02(f6.02(f), the Borrower shall not be separately required to furnish such information under Section 5.01(a6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a6.01(a) and (b) above at the times specified therein.

Appears in 2 contracts

Samples: Credit Agreement (Information Services Group Inc.), Credit Agreement (Information Services Group Inc.)

Business Plan and Budget. As soon as available, but in any event within sixty (60) days after the first day end of each fiscal year of Holdingsthe Borrower, an annual business plan and budget of Holdings the Borrower and its Subsidiaries on a Consolidated consolidated basis, including forecasts prepared by management of the Loan PartiesBorrower, in form reasonably satisfactory to the Administrative Agent and the Required LendersLender, of Consolidated balance sheets and consolidated statements of income or operations and cash flows of Holdings the Borrower and its Subsidiaries on an annual basis for such the immediately following fiscal year. As to any information contained in materials furnished pursuant to Section 5.02(f6.02(g), the Borrower shall not be separately required to furnish such information under Section 5.01(a6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a6.01(a) and (b) above at the times specified therein.

Appears in 1 contract

Samples: Credit Agreement (Sciquest Inc)

Business Plan and Budget. As soon as available, but in any event within sixty (60) days after the first day of each fiscal year of Holdings, an annual business plan and budget of Holdings and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Loan Parties, in form satisfactory to the Administrative Agent and the Required Lenders, of Consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries for such fiscal year. As to any information contained in materials furnished pursuant to Section 5.02(f6.02(f), the Borrower shall not be separately required to furnish such information under Section 5.01(a6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a6.01(a) and (b) above at the times specified therein.

Appears in 1 contract

Samples: Credit Agreement (Paycom Software, Inc.)

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Business Plan and Budget. As soon as available, but in any event within sixty (60) days after the first day end of each fiscal year of Holdingsthe Borrower, an annual business plan and budget of Holdings and its Subsidiaries the Loan Parties on a Consolidated basis, including forecasts prepared by management of the Loan PartiesBorrower, in form reasonably satisfactory to the Administrative Agent and the Required LendersAgent, of Consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries the Loan Parties on a quarterly basis for such the immediately following fiscal year. As to any information contained in materials furnished pursuant to Section 5.02(f6.02(f) or (g), the Borrower shall not be separately required to furnish such information under Section 5.01(a6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a6.01(a) and (b) above at the times specified therein.

Appears in 1 contract

Samples: Credit Agreement (KVH Industries Inc \De\)

Business Plan and Budget. As soon as available, but in any event within sixty forty- five (6045) days after the first day end of each fiscal year of Holdings, an annual business plan and budget of Holdings and its Subsidiaries on a Consolidated consolidated basis, including forecasts prepared by management of the Loan PartiesHoldings, in form satisfactory to the Administrative Agent and the Required LendersAgent, of Consolidated consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries on a quarterly basis for such the immediately following fiscal year. As to any information contained in materials furnished pursuant to Section 5.02(f6.02(e), the Borrower shall not be separately required to furnish such information under Section 5.01(a6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a6.01(a) and (b) above at the times specified therein.

Appears in 1 contract

Samples: Credit Agreement (Jamba, Inc.)

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